Like other card carrying Democrats I’ve been accused of engaging in “class warfare” for my position on domestic financial issues, even though I may not qualify as a member of the “class” on whose side I’m supposedly engaged. My analogy to this martial lexicon is the equivalent of calling someone a rabble rouser for protesting a lynching. Or how about accusing America of warmongering in its response to Pearl Harbor?
I don’t deny the existence of class warfare. Some variation on it has been with us since the days when Alexander Hamilton represented the hoity toy, under the logo of Federalists, later to become Whigs and finally Republicans. Their rivals, led by Thomas Jefferson, worked more for the interests of the hoi polloi, first as Republicans and then morphing nominally into Democrats.
It’s unfair painting all members of the financial upper crust with a plutocratic brush. The generation of Kennedys that ended with the recent passing of its youngest member generally used its political influence to the detriment of its financial interests. On the other hand I can’t think of anyone starting at the bottom of the financial ladder doing favors for the well heeled without becoming one of them in the process as a consequence, if not a reward.
The Republicans’ one-size-fits-all solution to fiscal problems has been tax cuts, an area in which George W. Bush looked after them well. His tax rate on top income was 4.6% lower than it had been in the Clinton years. It would be fun hearing their shrieks if a proposal were made to cut taxes at the rate for the first $250 thousand or so for everyone from Joe Six Pack to the richest of the rich. Of course we’d continue hearing that lower taxes “create jobs” as they’re doing now.